{
  "id": 3511461,
  "title": "Euro comes under pressure against US Dollar after mixed US PCE data",
  "url": "https://urgent.news/2026/08/26/euro-comes-under-pressure-against-us-dollar-after-mixed-us-pce-data",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T12:57:38.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/euro-comes-under-pressure-against-us-dollar-after-mixed-us-pce-data-202608261257"
  },
  "original_language": "en",
  "account": "The Euro faced slight downward pressure against the US Dollar on Wednesday following a mixed Personal Consumption Expenditures (PCE) Price Index report from the US. While headline inflation exceeded expectations, a stable core reading kept the impact limited. The EUR/USD pair was trading around 1.1660, down 0.12% for the day. The headline PCE Price Index rose 0.2% month-over-month in July, surpassing forecasts. On an annual basis, inflation held steady at 3.7%, also above expectations. Meanwhile, the core PCE Price Index, a key Fed indicator of underlying inflation, rose 0.2% month-over-month, in line with market expectations. The Federal Reserve's FedWatch Tool suggests a roughly 65% probability of the central bank maintaining interest rates steady during their September meeting. The US Dollar Index (DXY), which gauges the Greenback's strength against a basket of six major currencies, saw a modest increase following the report but remains close to recent lows due to a Treasury announcement of increased purchases of longer-dated government securities, reigniting concerns about growing US debt and currency depreciation. Other US economic data released on the same day indicated that the Q2 GDP grew at an annualised rate of 1.5%, matching both revised and initial estimates. Personal Income increased 0.4% in July, exceeding forecasts, while Personal Spending grew by 0.2%, in line with expectations but slower than the previous month.",
  "summary": "EUR/USD trades under modest pressure on Wednesday after the US Personal Consumption Expenditures (PCE) Price Index delivered a mixed inflation picture. Headline inflation came in above expectations, supporting the US Dollar (USD), although an in-line core reading limited the market reaction.",
  "key_points": [
    "Euro slipped against US Dollar after mixed US PCE data",
    "US headline PCE rose 0.2% month-over-month in July",
    "FedWatch Tool shows 65% chance of steady rates in September"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "US Dollar: Pressure builds as risk premia rise – ABN AMRO",
        "url": "https://urgent.news/2026/08/26/us-dollar-pressure-builds-as-risk-premia-rise-abn-amro",
        "published": "2026-08-26T14:06:20.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}